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with a special interview. >> hi, carl. thank you so much for having me. and peter is joining us from san francisco where the game developer's conference is going on. thank you for talking to us, peter. >> pleasure, jjulia. >> you have lowered your outlook for the company. what is the most important thing for the new leadership to focus on? >> certainly the ze parture at the end of next week is a sad day. but he leaves the company in great shape for the future, as well as the movement to direct a consumer digital commerce that i think we're leading the world in video game publishing. this will be the queue for the next leader. >> what that really means here is really inexpensive social and mobile games. it's a very competitive market. what are you going to do to make sure electronic arts are not still losing customers. we had a number one publisher, but we've always in our legacy is to be a publisher and developer of core games for core consumers. there are hundreds of millions of those around the world. now it's a balance. you're exactly right. there's a fragmentation in the marketplace.
from san francisco, jason, welcome back. >> thanks for having me. >> you know, every time they say they're going to do something, there's like a collective groan among users everywhere, is that deserved this time? >> probably not. i mean -- you know, i'm sure that there's going to be all sorts of protests and people writing long posts begging people to stop reposting their tweets and all these things. any time they change at all, it's an intimate product that any time there's any change, there's this kind of shock. i'm sure they'll blow over like they always do. >> your point is obviously mobile's changed everything. and it changes the way they have to present their news flow. what do you think it's going to be? you talk about possible lessons from instagram. >> yeah, some of the rumors, there are going to be multiple feeds, one of them will be a photo feed and it'll incorporate all the photos as the own separate feed and that way you foe facebook can kind of eat instagram and facebook will be the lens you view everything through. that's one example. you know, really what insta gram fou
is bringing back the ps service on flights between the two hubs in los angeles and san francisco and the hub at jfk new york. these are live seats in business flats. united has stripped out and used fewer seats for the business class in hopes of getting more revenue. what are we seeing with the airlines? all of them are moving in this direction. they're adding premium service because they're targtding corporate customers in the entertainment industry, financial services, industries that will pay for that extra service. >> united will have fewer premium cabinet seats in the new configuration. delta has only 16 premium cabin seats. american's configuration is unknown. they are trying to right size the number of seats with the number of people who will pay for it. >> and hopefully for the airlines more of a profit yield per airline. this is at a six-year high. it's up again today. most stocks moving higher today. we're going to see this on a number of routes wean the west coast and east coast. >> phil lebeau, thank you for that story. now to shares of fedex. brandon is a transportation expert t
recovery for blackberry's business is, and jim joinings us now from san francisco. the price target is their 6 a share. always good to see you. you never bought into the hype of the z10 from the get go. what do you see in terms of sales. >> the stock has been going up and it's been up year to date and a lot of hype around the company and we found that it's extremely difficult because the competitive nature seems to be getting more and more fierce. we found the initial launch to be disappointing. it was good in europe and good in canada, but in the united states most of the store reps weren't even trained and most of the sell through was not what people were expecting. >> and that echoes what goldman saying they did channel checks of 20 looks and found the spend wasn't there in terms of promotion and the positioning wasn't there in the stores. at the same time, jim, when you were thinking about black berry is you're thinking of a comeback. if blackberry simply sold z10s or q10s to existing users could that be enough to put blackberry on the path to recovery here? >> that's if their p
over year numbers and did you look at those numbers? double-digit increases and not just san francisco, it always has a double-digit increase. we got a bit of a lull here and everybody bes that. we basically stalled out right now. we went straight up from the beginning of january into the middle of march to 1863. that was two points away from the historic high and basically we just stalled out here, but everybody has stalled out. europe has stalled out and did you see the emerging market economies and basically those stalled out two months ago so the global markets were teetering and probably this is a good thing and we have to broaden out the arguments a bit. so here's what i think will happen. the next catalyst will be the central banks and we'll get the ecb and the bank of japan and the bank of japan will come out like gang busters and the ecb will be very conciliatory and they'll offer liquidity to all people who want it and need it. i think that's the message you'll hear from draghi and they're going to offer a very conciliatory tone. i think the big problem is after that because
that for our visitors from the san francisco area, the bay area. john, you know credit well. and obviously you're also a big player in the equity markets. i've curious, let's start off with a look at credit. yields moving up a little bit today. it's been a heck of a bull market for a long time. you made a lot of your money there. do you still prefer credit to the equity side or not? >> no, i definitely prefer equity here. credit has been taken to almost a nirvana level. allocators correctly were risk averse here, cautious. and all that money that went into credit produced spreads that are now extremely tight. and not appropriate for the actual economic environment. >> you don't think so? >> no. >> you say nirvana level. the spreads haven't come in -- they aren't historically the lowest they've ever been. they're close, but not -- >> relative to equity they are. junk bond yields for the first time ever is trading tighter than the s&p earnings deals. so the junk bond companies basically have no revenue growth, and obviously are susceptible to a bad economy. >> yeah. a lot of guys buying that cre
Search Results 0 to 5 of about 6